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Qatar, Egypt climb to multi-month highs, Saudi cools

  DUBAI / Reuters Stock markets in Qatar and Egypt rose to fresh multi-month highs on Wednesday, following global bourses higher, but Saudi Arabia’s index pulled back as oil gave up some of its recent gains. Doha’s main index added 0.7 percent to 10,996 points, a new nine-month high. Stocks most exposed to foreign capital flows were among the top ...

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Dubai to be springboard for floating homes

  DUBAI / Emirates Business Dubai has earned a global reputation for launching unique and spectacular real estate projects, and a Dutch developer hopes the emirate will now provide a successful springboard for stunning floating homes designed to take their owners back to nature. The company, New Living on Water (NLW), will give a Middle East debut to its striking ...

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Emirates NBD launches new payment service

  Dubai / Emirates Business Emirates NBD, one of the leading banking groups in the region, announced the launch of Emirates NBD Pay, a near-field communication (NFC) based mobile contactless payment service that enables customers to make in-store purchases instantly via their mobile banking app. The bank, a front-runner in digital and mobile banking solutions in the UAE, is the ...

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